Faisal Islamic Bank’s Net Profit Posts EGP 283 Mln In H1 2012

Faisal Islamic Bank of Egypt’s unaudited results showed it achieved net profit of EGP 283.669 million in the first half of 2012 ended on June 30^th 2012, up from EGP 152.94 million in the first half of 2011, with a growth rate of 85.5%.

The bank’s consolidated financial results indicated it achieved net profit of EGP 114.995 million in Q1 of 2012, up from EGP 46.007 million in Q1 of 2011, with an increase of 150%.